By Shiwen Yap
BreadTalk has formed a joint venture (JV) with Shinmei Co. while Noble Group has acquired a stake in an ASX-listed firm.
Constellation Agency is primarily involved in the business of representing and advising Korean artists in overseas markets.
Karin Technology has forged a JV with HK-listed Masterson Technology to provide cloud-related technology services and hosting of cloud solutions for corporations.
CDLHT intends to utilise the proceeds from the divestment mainly to repay existing borrowings to further strengthen its balance sheet.
In November, Cosco had announced that it will acquire Cogent for S$488.07m. Earlier in July, it had agreed to buy HK’s Orient Overseas for $6.3b.
The manager of Fortune REIT is disposing of Provident Square in Hong Kong for HK$2 billion (S$344.5 million) to Farsight Investment Limited.
Japfa currently holds 61.9% and 64.4% in two subsidiaries AIH and AIH2 respectively
The cafe accepts bitcoin, its own virtual currency called Ducatus and other cashless payments.
The company, which has bank debt of about $1.2 billion and bonds aggregating about $2.3 billion, did not indicate the size of the credit being extended.
In all, MIT’s investment comes up to about $304.7 million.